Tuesday, September 10, 2013

Global Business Survey: Casual Dining Restaurants Market Analysis In US - August 2013



Casual Dining Restaurants - US - August 2013

The budget-conscious consumer is still searching for deals, and casual dining operators are battling the perception that fast casual and fast food restaurants can do a better job of delivering on this. To become more competitive, casual dining operators realize they must highlight their own brand of full-meal deals, as well as their extensive menu.


TABLE OF CONTENT

Introduction
Scope and Themes
What you need to know
Definition
Data sources
Mintel Menu Insights
Consumer survey data
Advertising creative
Abbreviations and terms
Abbreviations
Terms

Executive Summary
The market
Figure 1: U.S. casual dining sales and fan chart forecast of market, at current prices, 2008-18
Market drivers
Opportunities
Menu strategies
Figure 2: Top 10 appetizers in casual dining, by number of incidences, Q1 2010-13
Figure 3: Top 10 menu items in casual dining, by number of incidences, Q1 2010-13
The consumer
Figure 4: Reasons why consumers visit casual dining restaurants, by percentage, May 2013
Figure 5: Types of services consumers want to see at casual dining restaurants, by percentage, May 2013
What we think

Issues and Insights
In a slowly recovering economy, consumers are still budget-conscious when eating out
The issues
The insights
Consumers do not associate casual dining with health or fast service
The issues
The insights
It’s hard to appeal to both Millennials and families
The issues
The insights

Innovators and Innovations
Competing with fast casual
Focusing on lunch
Late evenings offer new opportunities
Renovating to compete in new spaces
Health concerns
Luring in consumers with specials
Alcoholic drinks
Fare goes upscale

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Trend Application
Trend: Minimize Me
Trend: Help Me Help Myself
Mintel Futures: Human

Market Size and Forecast
Key points
Casual dining restaurants sales and the market forecast
Figure 6: Total U.S. casual dining sales and forecast of market, at current prices, 2008-18
Figure 7: Total U.S. casual dining sales and forecast of market, at inflation-adjusted prices, 2008-18
Fan chart forecast
Figure 8: U.S. casual dining sales and fan chart forecast of market, at current prices, 2008-18

Market Drivers
Economic indicators
The Patient Protection and Affordable Care Act
Overweight and weight-related diseases
Chicken takes the spotlight

Competitive Context
Preparing food at home
The lure of fast food
Learning from fast casual
Experimenting with new dayparts
Leveraging alcoholic drinks

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A Look at Casual Dining Menus
Key points
Top 10 casual dining menu items: Steak is tops
Figure 9: Top 10 casual dining menu items, by number of incidences, Q1 2010-13
Top 10 menu claims: Gluten-free growth
Figure 10: Top 10 casual dining menu claims, by number of incidences, Q1 2010-13
Top 10 appetizers: Sharing comes on strong
Figure 11: Top 10 casual dining appetizers, by number of incidences, Q1 2010-13
Top 10 cocktails: Latin libations lead
Figure 12: Top 10 cocktails in casual dining, by number of incidences, Q1 2010-13
Mocktails: More mixing could be in order

Competition: Consumers Eating at Home and Trading Down to Fast Food
Key points
Eating at home is an option for almost a quarter of casual dining patrons
Figure 13: Type of casual dining restaurant visited in the past month, by those eating more than last year at casual dining restaurants, May 2013

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